Microeconomics (Seventeenth Edition)

Author: Paul Samuelson
Publisher:
Publish Date: 2004-01-01
Features: This timeless economic masterpiece by Paul Samuelson, the contemporary economic giant and winner of the 1972 Nobel Prize in Economics, has been translated into 40 languages since its publication in 1948 and has taken the world by storm. It is the largest-selling economics textbook in history. Praise such as "landmark," "model," "classic," and "evergreen" only underscore its status as a masterpiece among masterpieces. In the preface to the book, the author writes with justified pride: "In fact, many outstanding economists today have told us that they relied on this Economics throughout their struggle to obtain their doctorates." Microeconomics has withstood challenges and tests, and yet no one has been able to shake its position, precisely because of this. Samuelson not only innovatively established the framework and standards for modern economics but also, over the past 50 years, tirelessly and from a high vantage point, refined the fundamental principles of economics to near perfection. Every economic school of thought is introduced clearly, and each is given impartial and balanced evaluation and comparison—this is precisely Samuelson's exceptional strength, unmatched by anyone else. One of the secrets to the enduring popularity of Microeconomics over the past 50 years is that the author has always stood at the forefront of the era, keeping pace with the times in the process of updating the edition roughly every three years, incorporating the most outstanding economic ideas and most exciting economic realities of the time.